WIDSTEN HANDLERI AS

9380 GRYLLEFJORD

Finances

Share Ownership

Return on Equity

−26,13 %

Current Ratio

0,8

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 130 000	2 126 000	2 419 000	2 281 000
Net Income	−75 000	−87 000	239 000	−60 000
Total Assets	1 330 000	1 576 000	1 815 000	1 721 000
Total Equity	287 000	362 000	449 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 130 000	2 126 000	2 419 000	2 281 000
Expenditure	2 175 000	2 179 000	2 049 000	2 291 000
Operating Profit	−45 000	−54 000	371 000	−10 000
Financial Income	0	0	0	0
Financial Costs	52 000	58 000	61 000	66 000
Financial Balance	−52 000	−58 000	−61 000	−66 000
Earnings Before Tax	−96 000	−112 000	310 000	−76 000
Tax	−21 000	−25 000	71 000	−16 000
Net Income	−75 000	−87 000	239 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	922 000	1 063 000	1 130 000	1 284 000
Total Current Assets	408 000	513 000	684 000	438 000
Total Assets	1 330 000	1 576 000	1 815 000	1 721 000
Total Retained Equity	−163 000	−88 000	−1 000	−240 000
Total Equity	287 000	362 000	449 000	210 000
Total Long-Term Debt	531 000	650 000	773 000	886 000
Total Current Debt	511 000	564 000	593 000	626 000
Total Equity and Debt	1 330 000	1 576 000	1 815 000	1 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 039 000	2 034 000	2 178 000	2 057 000
Other Income	91 000	92 000	241 000	224 000
Revenue	2 130 000	2 126 000	2 419 000	2 281 000
Cost of Goods Sold	1 062 000	1 070 000	1 060 000	1 079 000
Salary Costs	556 000	561 000	563 000	714 000
Depreciation	90 000	87 000	87 000	87 000
Impairment	90 000	0	0	0
Expenditure	2 175 000	2 179 000	2 049 000	2 291 000
Operating Profit	−45 000	−54 000	371 000	−10 000
Financial Income	0	0	0	0
Financial Costs	52 000	58 000	61 000	66 000
Financial Balance	−52 000	−58 000	−61 000	−66 000
Dividends	0	0	0	0
Net Income	−75 000	−87 000	239 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	20 000	0	66 000
Real Eastate	778 000	796 000	813 000	831 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	247 000	317 000	387 000
Total Tangible Assets	881 000	1 043 000	1 130 000	1 218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	922 000	1 063 000	1 130 000	1 284 000
Stock	0	49 000	97 000	104 000
Total Investments	0	0	0	0
Cash, Bank	68 000	79 000	120 000	56 000
Total Current Assets	408 000	513 000	684 000	438 000
Total Assets	1 330 000	1 576 000	1 815 000	1 721 000
Total Equity	287 000	362 000	449 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	531 000	650 000	773 000	886 000
Creditors	249 000	277 000	140 000	297 000
Unpaid Taxes	117 000	119 000	194 000	191 000
Dividends	0	0	0	0
Other Current Debt	145 000	168 000	258 000	138 000
Total Current Debt	511 000	564 000	593 000	626 000
Total Equity and Debt	1 330 000	1 576 000	1 815 000	1 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,13 %	−24,03 %	53,23 %	−28,57 %
Debt-to-Equity Ratio	1,85	1,8	1,72	4,22
Operating Profit Margin	−2,11 %	−2,54 %	15,34 %	−0,44 %
Current Ratio	0,8	0,91	1,15	0,7
Quick Ratio	0,8	1	1,38	0,84
Equity Ratio	0,22	0,23	0,25	0,12
Gross Profit Margin	50,14 %	49,67 %	56,18 %	52,7 %